Despite Bitcoin trading above $105,000, new data shows that BTC inflows to Binance have fallen to a historically low level, well below bear market benchmarks.
According to on-chain analysis, current monthly inflows to Binance sit at just 5,700 BTC, less than half the long-term average of 12,000 BTC recorded since 2020.
This figure is also nearly three times lower than when Bitcoin first crossed the $100,000 mark, and far below the 24,000 BTC inflows seen during panic-driven events like the FTX collapse in late 2022.
Inflows Offer Clearer Sentiment Gauge Than Outflows
While outflows are often seen as a bullish indicator, inflows—especially on high-volume exchanges like Binance—provide more precise insight into investor intent. Historically, inflow spikes have coincided with local market tops and periods of heightened fear, typically followed by short- to mid-term corrections.
“Binance remains the dominant venue for crypto trading, and inflow activity here often mirrors broader sentiment shifts,” the report notes.
Current Market Signals a Shift Toward Long-Term Holding
The steep drop in inflows suggests a significant shift in investor behavior. With selling pressure low and volatility muted, market participants appear to be entering a holding phase rather than preparing for exit.
This behavior aligns with a broader macro environment of uncertainty, where long-term conviction is outweighing short-term speculation. If this trend continues, it could provide a stable base for Bitcoin to push higher in the near term.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
Source: https://coindoo.com/bitcoin-inflows-to-binance-drop-below-bear-market-levels-signaling-holding-phase/